See Target 1 and 2
Rocket will have to fill the gap at the top . based on the Fib retracement I expect to get to the 61.8 level. it may take some time but this is a solid company and it will make it .
follow me for more ideas. TIA
Rocket is slowly regaining its momentum and building base. There was a lot of institutional buying on dips. I am considering buying more shares if market keeps selling off. I consider this being a long term investment with huge upside after earnings. My short term target 28-30 by Mid/end November . Cheers
Rocket has been trading sloppy since it's IPO in August but it seems to have found two recent near term bottoms and forming a bullish cup and handle pattern. The backdrop for RKT is strong with rock bottom interest rates and housing bomb in the suburbs and vacation towns. It's odd that this stock has struggled so much with home builders and stocks like Zillow...
I'm bullish on RKT and currently have a LONG position in the stock. I notice there is divergence between the Volume Weighted Moving Average ( VWMA ) and the Exponential Moving Average ( EMA ), both of which are configured to measure 14 days of price action in this daily chart . I interpret this divergence as bullish and a potential signal to an...
RKT seems to have the world refinancing with them. Extended low rates also benefiting them. I think the chart looks strong, after shaking out some early IPO jitters. I plan to hold this for a few months. My first price target is $50.86.
NYSE:RKT I feel this one might rocket well guess thats just its name but I do feel that this is testing the top range 23.40 if this breaks and hold I feel that this can get going on that break out back towards 24.60 then the fun will start with this one so I do feel this is one to watch for a nice swing.
NYSE:RKT has had a great couple of days. I believe this trend will continue into next week after a bullish pennant formed today in premarket and quickly broke upwards throughout the day. A hold above 22.68 could allow this trend to continue, and a break below could lead to some consolidation with 22.20 as the next support level. Other support and resistance...
Rocket Cos., Inc. engages in the provision of a suite of services related to homeownership and other personal financial transactions. The company was founded by Daniel Gilbert in 1985 and is headquartered in Detroit, MI.